The French firm is withdrawing from a production-sharing agreement that the Nigerian state signed in 2021 with TotalEnergies, ...

Exxon Mobil Corporation XOM, the U.S. supermajor, is set to invest $1.5 billion in Nigeria’s offshore oil sector, marking a major push to revitalize the country’s deepwater production.

We’ve blinked and suddenly it’s June, and that means we’re already halfway through 2025! With just 6 months left of 2025, we ...

TotalEnergies announced today that it will sell its stake in a major offshore oil field in Nigeria to Shell for $510 ...

Total Energies has revealed plans to sell its 12.5% stakes in the Bongal oilfield to Shell Nigeria for $510 million, saying ...

ExxonMobil's quest to increase production is at one with Nigeria's aspiration to ramp up output to more than 2 million bpd this year after hitting a ten-year low in 2023. ExxonMobil is raring to ...

ExxonMobil plans to invest $1.5 billion in Nigeria over the next two years, according to the country's upstream regulator. News of this commitment will be welcomed by the Abuja government amid a ...

ExxonMobil will invest in developing Nigeria’s Usan deepwater oil field. • The company will also accelerate development of Owowo and Erha deepwater oil fields. ExxonMobil Corp. will invest in ...

ExxonMobil is raring to complete the process that will formalise a new $1.5 billion deepwater investment in Nigeria, and so has arranged for a final investment decision (FID) to be made at most by ...

Exxon Mobil Corporation XOM, the U.S. supermajor, is set to invest $1.5 billion in Nigeria’s offshore oil sector, marking a major push to revitalize the country’s deepwater production. According to ...